The Kwara State branch of the Central Bank of Nigeria (CBN) has said that it has accredited no fewer than 641 super agents (POS) operators on Naira cash swap in the state, while urging Kwarans to exchange their old Naira notes at POS machines and open Savings accounts.
Mrs Rashidat Mangunu, the CBN Ilorin branch’s Director, Consumer Protection made this known while monitoring some POS super-agents in Ilorin, the state capital.
Mangunu promised to give a sum of N500,000 weekly to each of the super agents to ease the process of 10,000 cash swap daily for people living in rural areas, while calling on residents of the state, especially, rural dwellers, to make judicious use of the super-agents to change their old notes.
“People can easily open a bank account through the POS super-agents, with just National Identity Card and save their old money in their accounts, without stress.
“Our super-agents will deposit all your old Naira notes with no charges and your money will be secure in your various bank accounts,” she said.
Meanwhile, residents of Isale Bani, Alore Area of Ilorin lamented that they were unable to exchange their notes due to the unavailability of the new notes
One of the POS operators in the area, Mr. Saheed AbdulRazaq explained that he could not meet up with the demand of his customers.
“I started exchanging the notes with the sum of N500,000 given to me by my bank as a super- agent last week and continued since then, but all the people in the area are clamouring for more new notes.”
“Their demand for new notes is more than the capacity that I can withdraw from the bank. I urge CBN to give more directives to commercial banks to be able to withdraw more,” he said.
